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How to pass the profit divident to share holders in tally
Replies (4)
When dividend is proposed by company
Profit and loss appropriation A/C Dr
To Proposed Dividend A/c
When dividend is paid
Proposed Dividend A/c Dr
To bank
DR: PROFIT AND LOSS A/C,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, CR: SHARE HOLDER NAME AND FILL AMOUNT AS THEIR SHARE RATIO
Wich under propposed divident a/c in tally ledger and wich typ entry
Wich under propposed divident a/c in tally ledger and wich typ entry
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